Business news from Ukraine

Business news from Ukraine

COAL SHARE OF UKRAINE’S ENERGY BALANCE TO DECLINE BY 60% IN 15 YEARS

The share of coal of the structure of Ukraine’s energy balance to decline by 60% in 15 years, to 13%, and it will be replaced thanks to renewable energy, according to a forecast of the Razumkov Centre published by the center’s press service. According to the forecast, the share of green energy of the balance will grow fivefold in 15 years, to 25%. “Although the value of coal will gradually decrease – it will be replaced mainly by renewable energy, the coal industry will play a prominent role in the Ukrainian energy sector until 2035. First of all, for thermal generation, which performs an important function of maneuvering capacities,” the press service said, citing Director of Energy Programs Volodymyr Omelchenko.
According to forecasts, the share of gas and nuclear energy of primary energy consumption is expected to remain at the current level – 30% and 25%, respectively.
In addition, in the structure of the Ukrainian energy balance, the share of oil products may significantly decrease, to 7%.

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